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A recent drop in ethanol prices has pushed net margins lower at DTN's hypothetical 50-million-gallon South Dakota plant, which posted a 12-cent-per-gallon net loss including debt and depreciation. Ethanol futures fell as much as 7 cents per gallon from recent highs, and an analyst said lost revenue is outpacing lower production costs.
Thinner ethanol margins can reduce plant run rates and corn grind over time, which weighs modestly on corn demand.
dtnpf.comTodd NeeleyMar 22, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
